Friday 30 October, 2020

TTSEC to launch e-business solution, EASi

Photo: Woman using laptop. Credit:iStock

Photo: Woman using laptop. Credit:iStock

The Trinidad and Tobago Securities and Exchange (TTSEC) has announced a new e-business solution for the securities market to improve the ease of doing business with the organisation.

In a statement, the TTSEC said its Electronically Advanced Submission interface or EASi platform will revolutionise the way in which the securities industry is regulated.

EASi aims to improve the TTSEC’s current process by enabling users to conduct their business at any time and from any place, over the internet.

The platform puts market players front and centre in navigating the system, from submission and renewal of applications to disclosure filings among other important services.

This new e-platform will go live next Tuesday, coinciding with the virtual launch to the market and the public.

The free service will facilitate faster review and turnaround time for submissions and grants the user the privilege to track the status.

The EASi interface is accessible via the TTSEC’s corporate website: www.ttsec.org.tt., offering a secure, convenient and cost-effective method of doing business with the TTSEC.

The platform’s launch represents the culmination of an involved organisation-wide ICT project, and the delivery on a core strategic goal to, ‘improve operational efficiency and effectiveness, by developing an organisation-wide information and communications technology infrastructure to support the data collection, dissemination and decision-making capabilities of our key functions’.

The implementation of the EASi platform also comes in the midst of a national public health crisis (and global pandemic) when the demand for contactless delivery of services is paramount to ensuring business continuity and the stability of the economy, whilst safeguarding public health.

The integrated system allows for a greater degree of transparency in the regulatory process and will strengthen confidence in the local securities market.

EASi also aligns with the national strategy for the digitalisation of public sector services and expansion in the use of financial technology providing user access to most required forms, and business intelligence systems that link and pre-populates smart forms.

The EASi interface enhances the TTSEC’s control systems by integrating registration, continuous disclosure, contravention, monitoring, surveillance and other data stores, to boost accessibility, reporting and decision-making.

EASi will assist in moving the local securities industry forward on the ease of doing business index.

Visit www.ttsec.org.tt to learn more about EASi.

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